Question: Contract terms used during the tender phase for a new power - generation facility must be revised before signing with the successful bidder because the

Contract terms used during the tender phase for a new power

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generation facility must be revised before signing with the successful bidder because the terms of the tender have been amended to accommodate the new financial regulations on company tax.Which approach should the project manager take to implement this amendment?A

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Sign the contract as per the original terms but allow the successful bidder to submit a new contract price.B

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Discuss the new terms with the successful bidder to assess its impact on the contract price.C

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Retender the entire scope because the terms of the contract have changed significantly.D

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Amend the contract terms and sign a revised contract with the successful bidder.

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